Is Elevance Health Inc. overvalued?

Elevance Health Inc. (ELV) looks fairly valued — trading about 3% above its fair value.

Fairly valued

Price

$396.09

Fair value

$384.56

Current P/E

15.8

Normal P/E

15.3

Market cap

$85.90B

Dividend yield

1.7%

Return on equity

11.2%

Sector

Healthcare

Fair value compares ELV's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.

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